Synopsys Today SNPS Synopsys $548.06 -16.62 (-2.94%) 52-Week Range $434.14 ▼ $629.38 P/E Ratio 59.57 Price Target $630.09 Add to Watchlist Synopsys NASDAQ: SNPS is a firm in the semiconductor industry that provides key software to chip designers. So far this year, the company has underperformed its industry with a total return of 10%. In contrast, the Invesco PHLX Semiconductor ETF NASDAQ: SOXQ has returned over 26%. It tracks the PHLX Semiconductor Index. Let's dive into Synopsys' business and market prese ...

Synopsys (SNPS) reported better-than-expected earnings for the third quarter of fiscal 2024. The company's fiscal third-quarter non-GAAP earnings per share (EPS) of $3.43 surpassed the Zacks Consensus Estimate of $3.28. The bottom line improved 27% year over year, primarily driven by higher revenues and better cost management. Revenues jumped 13% year over year to $1.53 billion and came in line with the Zacks Consensus Estimate. The top line was driven by growth across multiple business segments. Synopsys' ...

Synopsys (NASDAQ:SNPS) just reported results for the third quarter of 2024. Synopsys reported earnings per share of $3.43. This was above the analyst estimate for EPS of $3.28. The company reported revenue of $1.53 billion. This was 0.39% better than the analyst estimate for revenue of $1.52 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue ...

Synopsys, Inc. (NASDAQ:SNPS) Q3 2024 Earnings Call Transcript August 21, 2024 5:00 PM ET Company Participants Trey Campbell - SVP, IR Sassine Ghazi - President and CEO Shelagh Glaser - CFO Conference Call Participants Harlan Sur - JPMorgan Vivek Arya - Bank of America Joe Vruwink - Baird Jason Celino - KeyBanc Lee Simpson - Morgan Stanley Ruben Roy - Stifel Charles Shi - Needham & Company Joshua Tilton - Wolfe Research Jay Vleeschhouwer - Griffin Securities Operator Ladies and gentlemen, welcome to the Syno ...

Wednesday, August 21st, 2024 Market indexes had a decent trading day today. Only the blue-chip Dow spent any meaningful time in the red; the other indexes — especially the small-cap Russell 2000 — upturned as of lunchtime and began what may be the latest winning streak in the markets. The Dow closed +0.13%, the S&P 500 was +0.42%, the Nasdaq grew by +0.57% and the Russell 2000 went up +1.22% for the session. Jobs Revisions Sank by -818K, Deeper than Expected The Bureau of Labor Statistics (BLS) anticipated ...

Synopsys (SNPS) reported $1.53 billion in revenue for the quarter ended July 2024, representing a year-overyear increase of 2.6%. EPS of $3.43 for the same period compares to $2.88 a year ago. The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of $1.53 billion. With the consensus EPS estimate being $3.28, the EPS surprise was +4.57%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Synopsys (SNPS) came out with quarterly earnings of $3.43 per share, beating the Zacks Consensus Estimate of $3.28 per share. This compares to earnings of $2.88 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 4.57%. A quarter ago, it was expected that this maker of software used to test and develop chips would post earnings of $3.03 per share when it actually produced earnings of $3, delivering a surprise of -0.99%. Over the l ...

EXHIBIT 99.1 PRESS RELEASE | --- | --- | |--------------------------------------------------------|-----------| | | | | Trey Campbell | | | Synopsys, Inc. 650-584-4289 Synopsys-ir@synopsys.com | | | EDITORIAL | CONTACT : | | Cara Walker | | | Synopsys, Inc. | | | 650-584-5000 corp-pr@synopsys.com | | Synopsys Posts Financial Results for Third Quarter Fiscal Year 2024 Results Summary1 • Record quarterly revenue of $1.526 billion, up approximately 13% year over year. • Quarterly GAAP earnings per diluted shar ...

Results Summary1 Record quarterly revenue of $1.526 billion, up approximately 13% year over year. Quarterly GAAP earnings per diluted share of $2.73; non-GAAP earnings per diluted share of $3.43, up approximately 27% year over year and exceeding guidance. Expecting record full-year revenue with growth of approximately 15% driven by continued, strong execution and business momentum. SUNNYVALE, Calif., Aug. 21, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its third quarter of ...

The upcoming report from Synopsys (SNPS) is expected to reveal quarterly earnings of $3.28 per share, indicating an increase of 13.9% compared to the year-ago period. Analysts forecast revenues of $1.53 billion, representing an increase of 2.6% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's earnings annou ...